Dismal November air cargo data has all but assured a weak end to 2022 with no sign of a seasonal uplift in demand or rate levels from an oversupplied market.
Air Cargo
Air Cargo
News and analysis of air cargo shipping and transportation companies.
News & Analysis
06 Jan 2014
Japanese containerized cargo exports will rise for the second consecutive year in fiscal 2014, which starts on April 1, amid a moderate recovery in the global economy, a Tokyo-based research firm predicted in a new report.
20 Dec 2013
The International Air Transport Association has forecast that international freight volumes will jump 17 percent over the next five years.
19 Dec 2013
The Luxembourg government has agreed to sell a 35 percent stake in Cargolux to Chinese investors for $120 million.
16 Dec 2013
The board of Cargolux has backed a cooperation deal with Henan Civil Aviation Development and Investment Co., clearing the way for the Luxembourg government to sell a 35 percent stake in Europe’s largest all-cargo airline to the Chinese investors.
12 Dec 2013
Japan’s All Nippon Airways Co. (ANA) said that its international cargo volume rose for the eighth straight month in October on a year-on-year basis, surging 12.3 percent to 53,576 tons.
12 Dec 2013
Shippers using air cargo and expedited services will be among the biggest beneficiaries of the World Trade Organization’s Bali Package of reforms agreed to last week, express providers believe.
11 Dec 2013
XPO Logistics is strengthening its expedited business and its technology infrastructure by acquiring two supply-chain subsidiaries from Landstar System, NLM and A3i.
03 Dec 2013
Nippon Express Co., Japan’s largest international freight forwarder, has acquired a 49 percent stake in NEC Logistics Ltd., the logistics arm of NEC Corp., the two companies announced on Dec. 2.
26 Nov 2013
Flagship Logistics Group is looking for a few good people to staff its new customer contact center in Indianapolis: veter
25 Nov 2013
The Stifel Nicolaus Logistics Confidence Index, a monthly survey of international shippers and forwarders measuring Europe-based air and ocean freight trade lanes...
22 Nov 2013
UPS, DHL Express and FedEx have published new rates for 2014.
19 Nov 2013
It’s far from a surge of optimism, but shippers’ expectations on how much freight they move via land, sea and air in the coming months is the second highest in the past six quarters.
19 Nov 2013
Lufthansa Cargo’s first Boeing 777 freighter will take off from Frankfurt, Germany, tonight, bound for New York’s John F. Kennedy International Airport, on its first scheduled flight.
18 Nov 2013
The Middle East’s leading airlines made clear their common determination to boost passenger and freight market shares this weekend at the 2013 Dubai Airshow as they dominated the headlines with a series of huge orders for new airplanes.
18 Nov 2013
The profitability of Asian carriers with major freighter fleets continues to be negatively impacted by the overhang of excess capacity, but the long-term outlook for air freight is “encouraging,” according to the Association of Asia Pacific Airlines.
15 Nov 2013
The 50 largest transportation and logistics companies worldwide grew more slowly in 2012 as the global economy sputtered, increasing revenue only 2.6 percent compared with a more robust 8.4 percent combined growth rate in 2011.
15 Nov 2013
The combined revenue of the world’s largest logistics and transportation companies rose to $670.4 billion from $653.4 billion in 2011, according to SJ Consulting Group. Logistics companies — topped by Germany’s $55 billion DHL, the world’s largest transportation and logistics provider — held the largest share of that combined revenue, $234.7 billion, or 35 percent of the total, followed by ocean carriers, led by $40.5 billion A.P. Moller-Maersk, which owns the world’s largest container line — Maersk Line — and accounted for nearly 30 percent of Top 50 revenue.
14 Nov 2013
Emirates Group boosted revenue by 13 percent in the first six months of its fiscal year, through Sept. 30, to $11.5 billion.
14 Nov 2013
U.S. Sens. Barbara Boxer, D-Calif.; Maria Cantwell, D-Wash.; and Amy Klobuchar, D-Minn., have introduced the Safe Skies Act to ensure that America’s cargo plane pilots...
13 Nov 2013
AirBridgeCargo Airlines transported 92,000 tons of cargo in the third quarter of 2013, a 3 percent increase year-over-year...
13 Nov 2013
Descartes Systems Group and InfoSky have formed an alliance to streamline logistics messaging for the Chinese air cargo industry.
13 Nov 2013
The U.S. Department of Justice has filed a proposed settlement with US Airways and American Airlines to resolve its lawsuit challenging their planned merger.
11 Nov 2013
More than 10,000 people are feared dead after Typhoon Haiyan (Yolanda) caused widespread devastation in the central Philippines on Friday and Saturday.
08 Nov 2013
International Airlines Group’s cargo revenue in the third quarter of 2013 slumped more than 14 percent year-over-year, almost double the decline in freight traffic.
06 Nov 2013
Japan’s All Nippon Airways Co. (ANA) said that its international cargo volume rose for the seventh straight month in September on a year-on-year basis, increasing 5.8 percent to 49,999 tons.
06 Nov 2013
Major merger and acquisition activity in the global transportation and logistics industry was nothing spectacular in the third quarter, but a potential wave of privatization of ports, airports and roadways could energize the market in the coming year.
05 Nov 2013
Nippon Express Co., Japan’s largest international freight forwarder, said that its group net profit plunged 34.2 percent in the first half of fiscal 2013, which started on April 1, from a year earlier to ¥7.443 billion ($75.9 million) despite revenue growth.
05 Nov 2013
AirBridgeCargo Airlines has increased its flights from Milan and Paris to Moscow.
01 Nov 2013
The global air cargo market stabilized in September, inching up 0.5 percent year-over-year...
01 Nov 2013
Japan Airlines Corp. (JAL) said on Oct. 31 that its group net profit tumbled in the first half of fiscal 2013, which started on April 1, from a year earlier, despite increased revenue from both passenger and cargo operations.
30 Oct 2013
Japan’s ANA Holdings Inc., the parent firm of All Nippon Airways Co. (ANA), said on Oct. 30 that its group net profit nosedived in the first half of fiscal 2013, which started in April, from a year earlier, despite a jump in international cargo revenue.
29 Oct 2013
Amsterdam Airport Schiphol handled 383,780 metric tons of cargo in the third quarter of 2013, increasing 2.6 percent compared with the same period in 2012.
28 Oct 2013
TNT Express posted a 25 percent year-over-year decline in third quarter profit on 6.6 percent lower revenue...
22 Oct 2013
TNT is determined to claw back ground lost in Asia during the protracted negotiations of its sale to UPS.
Commentary
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